To Be Effective, an Organization's Code of Ethics Needs to Be

question 230

True/False

To be effective, an organization's code of ethics needs to be communicated to outsiders such as suppliers, subcontractors, and customers.

---

Definitions:

Canadian GAAP

The Generally Accepted Accounting Principles in Canada, comprising standards for financial reporting for Canadian companies.

Public Market

A marketplace that is open to the general public, often referring to the stock market where securities are bought and sold.

IFRS

International Financial Reporting Standards, a set of accounting standards globally adopted for financial reporting.

High Quality Financial Information

Financial data that is accurate, reliable, and timely, facilitating effective decision-making.